The times correspondent in the South.
Under date of
Richmond, March 23, the
Southern correspondent of the
Times writes a letter, of which the following is an extract:
‘
At this moment the
Confederate States, no less or scarcely less than the
Federal, are floating swiftly along a current which, if this war be protracted for ten months more, will plunge both sections alike into that great ocean of repudiation, which is consciously and without a shudder contemplated at
Washington, but toward which there is at least great repugnance professed at
Richmond.
In both sections alike the result is that everything resembling property is eagerly sought for, as a safe vehicle for the conveyance of a fraction of those promises to pay with which every man, ragged and tattered though in some instances he may be, is heavily freighted.
At the slave market in
Richmond not a day passes but negroes and negress are eagerly bought at prices varying from $2,000 to $2,500.
’